Why A Budget Can Help You Make More Money.
Having a budget in place can actually help you make money in the long run. There are a few different reasons for this- but mainly, it comes down to your own self awareness & confidence when it comes to money.
In this article, I’ll lay out the top tips & benefits of budgeting.
Money Can’t Buy Happiness, But It Can Greatly Effect It.
Sure, money doesn’t buy you happiness.
However if you don’t have money to clothe, feed & provide shelter to yourself- let alone the basic needs of your children or other family members- your happiness levels could certainly be affected. And I’d be willing to wager, not for the better!
That is, in part, why it is a really good idea to know what’s coming in and out of your financial accounts on a daily basis.
Making A Budget Empowers You.
So, if you’ve been following me for any length of time, then you know I am ALL ABOUT self-empowerment. I’ve also been reading more into how to manifest financial abundance, financial overflow, and the resulting financial independence & freedom. (More on manifestation in just a bit.)
Budgeting gives you a sense of self empowerment, confidence & control because of the fact that you are fully aware of how much you’re making, how much you’re willing and able to spend that month, and how much money you’re able to save as well.
Following a budget in this respect also builds & reinforces your own self discipline. The reason simply being that you are staying within the confines of the monetary boundaries you yourself have set.
Benefits Of Making A Budget.
Maintaining a budget can help you improve your mental health, as well as increase your:
- Self confidence
- Self awareness
- Self empowerment
- Self belief
- Peace of mind
- Happiness
- Goal setting (and achieving!)
Budgeting Lays The Groundwork For Manifestation.
The biggest thing when it comes to manifesting is the self belief, confidence & awareness you have within yourself in regards to money. A budget helps you cultivate and grow your own relationship with money, and in turn, it can help instill the popular manifestation mantra “I love money, and money loves me.”
Also, since budgeting expands your awareness & hones your perception- it enables you to set realistic, attainable goals.
Debt Is Not The Enemy, But Stagnation & Exponential Growth Of It Is.
Listen, I use my credit cards for just about everything.
That being said, I always pay them off within the pay period. This is to prevent the accrual of interest that would only add to my “debt.”
You see, when you have excessive, insurmountable debt- the kind that you can’t pay off within the month- that’s when it can hurt your ability to truly get ahead.
And I mean this in more ways than one.
Because on the one hand, you have debt that is only increasing every month- debt you couldn’t pay off the month before when it was (let’s just say) $30-$100 less. And now, due to credit interest rates, it’s only growing.
How Debt Can Interfere With Manifesting Financial Growth.
A large accumulation of debt, and the inability to pay it off, also sends a message to your subconscious that you “can never make enough money” that you are “always living in lack” and even that you are “irresponsible with money” due to the fact that you accumulate so much in the first place!
The good news is that this is where Debt Consolidation services & programs can come to the rescue! They help compact your debt into one easy monthly payment and greatly reduce the amount you would end up paying in interest in the long run.
Click here to learn more Debt Consolidation, and if you’re a good candidate for it!
Success Can Be Yours, But First You Have To Believe It.
Finally, while debt consolidation is a top recommendation if you have large piles of debt- your mindset surrounding money is an absolute must if you ever wish to live the life of your dreams.
In addition to simply increasing your own self confidence and self love using the techniques outlined in my article, 25 Hacks To Happiness– I highly, highly recommend listening to the following audibles if you want to have an abundant financial life:
- Rich AF* by Amanda Frances
- The Illusion Of Money by Kyle Cease
- You Are A Bad*** At Making Money by Jen Sincero
…and finally, this podcast by Rob Dial Jr.
Like this article? Then click here if you’re ready to start moving, eating, thinking & living like you love yourself! <3